Systemic risk regulation and the "too big to fail" problem
Borys Grochulski and
Stephen Slivinski
Richmond Fed Economic Brief, 2009, issue Jul, No 09-07
Abstract:
A single regulator tasked with preventing threats to systemic stability would need to have considerable power and discretion. But creating such a powerful entity could reinforce the moral hazard problem resulting from the idea that some firms are too big to fail.
Keywords: Risk; Financial institutions (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
https://fraser.stlouisfed.org/files/docs/historica ... urce=direct_download Full Text (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:fip:fedreb:y:2009:i:jul:n:09-07
Ordering information: This journal article can be ordered from
Access Statistics for this article
More articles in Richmond Fed Economic Brief from Federal Reserve Bank of Richmond Contact information at EDIRC.
Bibliographic data for series maintained by Christian Pascasio ().